TIAA Bank Bump Rate CD Review
TIAA Bank is based in New York, NY. It was founded in 1918 and offers banking services in 50 states (and Washington, DC).
Is TIAA Bank Bump Rate CD insured by the FDIC?
Certificate deposits invested with TIAA Bank are insured by the Federal Deposit Insurance Corporation (FDIC). The FDIC insures up to $250k in CDs per accountholder.
What types of CDs does TIAA Bank offer?
- Bump Up
What APY does TIAA Bank offer on its CDs?
TIAA Bank Bump Rate CD offers an APY of 2.85% (APY stands for annual percentage yield, rates may change). This is higher than the typical APY for online-only checking accounts, which is around 1% APY.
What types of terms does TIAA Bank Bump Rate CD offer?TIAA Bank offers CD terms of the following lengths:
|APY Type||Fixed APY|
What is the minimum deposit to open a CD account with TIAA Bank?
TIAA Bank Bump Rate CD requires a minimum initial deposit of $1,500 to open an account.
What types of early withdrawal penalties does TIAA Bank Bump Rate CD charge?
Financial institutions don't typically charge many fees on certificate of deposit accounts. However, some do charge a fee if you chooose to withdrawal your money before the CD term ends.
TIAA Bank does not charge an early withdrawal fee.
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia